MizzouChemRxn

MizzouChemRxn Updated 

XLF looks like it's formed a bull flag. Possible sector run coming, it is it's best quarter... add in inflation and rate increases for 2022.

MizzouChemRxn Updated 

Similar to TSLA, WFC has been on an oversold then overbought momentum swing. Albeit, TSLA had a long consolidation time as did WFC back in November 2020 to June 2021. It’s time for a rotation back into cyclicals for their best quarter of earnings, but WFC is super hot and likely needs to come back down to mid-39 or even mid-48 before the fed meeting. Which I...

MizzouChemRxn

Long to 54…. EOY I hope. Maybe January since Feb is the worst month for markets. I’ve got over 500 calls between Jan 2022 and Mar 2022 at 50 strike. Just a trend… do with it as you please.

MizzouChemRxn Updated 

Looks like WFC and the financials have finished taking their sweet time consolidating for the last few (3-6 months). Looking to push higher if 10-year rates continue to move toward 1.7-1.8%. Would like to see 52-54 by end of October-EOY.